Who’s looking for a profitable property?
This home is in good shape, with solid bones! It just needs an update. Renovated, similar-sized linked houses in the area have sold as high as $715K! Even partially updated properties are consistently selling over $600K.Ā
For a little more than the price of a condo, buyers get a full house, a yard, a garage, a shed with power, and although itās linked you donāt share above-ground walls with any neighbours! Big-ticket items are in good shape with only 2 windows left to be updated, and a roof thatās only a couple years old.Ā
How can you profit?
- Fix and Flip – Fully renovated comps are uncommon in the area but the last one, sold over $700K! Or for less work, you could just wholetail it. Even partially renovated comps are consistently selling over $600K!
- Rental Property – Rent it as a clean starter-home rental in Bowmanville for $2,100-$2,400/month based on comparable 2-bedroom homes in the area. The small footprint keeps the rental simple, and the 1-car garage, driveway parking, yard, and powered shed give tenants more value than a basic apartment.Ā
- Realtors: Bring Your Buyers – This home is perfect for first-time buyers.Ā Affordable, and though a little dated, is move-in ready. Help your buyers save over $100K on their first home! A handy end user can renovate gradually and improve value over time. Add your desired commissionĀ
SUMMARY:
– LOCATION: Bowmanville, ON (Concession Rd 3 & Liberty St N)
– PURCHASE PRICE: $399,900 Or Best Offer
– AFTER REPAIR VALUE: $650,000
– CLOSING: September 24, 2026 (This is an assignment sale.)
– TYPE: Link, Raised Bungalow
– BEDS/BATHS: 2 beds/ 1 bath
– PARKING: 1 garage plus 1 driveway
– BASEMENT: Finished
– SQFT: 529
– LOT: 29ā x 115ā
– AGE: 1993
– PROPERTY TAX: $3,481 (2025)
– POSSESSION: VacantĀ
RENOVATIONS NEEDED:
– Cosmetic updates as desired.
– Only 2 windows not yet updated.
– No AC currently.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Small scope of work and affordable renovation project!Ā
– Roof only a couple years old
– Backyard shed with electricity.
– Affordable entry point for a rent-ready home!Ā
LISTING ID: 0626-BOW-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and moreā¦)
Thank you,
Aaron Moore, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca ā Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.
Ā